Category Archives:
CNH launches $1 billion buyback to support NYSE single listing plan
MILAN (Reuters) - Farm and construction equipment maker CNH Industrial said on Tuesday it had approved a new share buyback program worth up to $1 billion as part of its plan to pursue single-listing i...
Nov 07, 2023
German industrial output falls further than forecast in September
By Maria Martinez BERLIN (Reuters) -German industrial production fell more than expected in September, data showed on Tuesday, as a recent slump in incoming orders took its toll on production. Product...
Nov 07, 2023
Nintendo’s Switch still going strong with 6.84 million sold in first half
TOKYO (Reuters) - Nintendo sold 6.84 million Switch units in the first six months of the financial year, it said on Tuesday, a slight increase on the 6.68 million units it sold in the same period last...
Nov 07, 2023
China’s ByteDance to overhaul VR arm Pico as global demand declines -sources
By Josh Ye HONG KONG (Reuters) - ByteDance's virtual reality (VR) arm Pico will cut jobs and undertake the biggest overhaul since it was acquired by the TikTok maker two years ago as global demand for...
Nov 07, 2023
Capgemini Q3 revenue falls, with decline in North America
(Reuters) - French IT consulting group Capgemini on Tuesday posted a 1.3% fall in third quarter revenue at current exchange rates, citing a microeconomic context that "remains challenging" and with re...
Nov 07, 2023
Saudi Aramco Q3 profit falls 23% on lower crude oil prices, volumes
DUBAI (Reuters) - Saudi Aramco on Tuesday reported a 23% fall in third quarter net profit, marginally beating analyst's estimates, on lower crude oil prices and volumes sold. Net profit declined to $3...
Nov 07, 2023
Analysis-Growing Italy risk puts equities at deepest discount in 35 years
By Joice Alves and Danilo Masoni LONDON/MILAN (Reuters) - Italian stocks are trading at their deepest discount in 35 years compared to world shares as investors fret over the fiscal outlook in one of ...
Nov 07, 2023
UBS reports Q3 loss amid integration expenses
ZURICH (Reuters) - UBS Group reported a $785 million third-quarter loss on Tuesday after booking $2.1 billion in expenses tied to the Swiss bank's takeover of fallen rival Credit Suisse. The figure co...
Nov 06, 2023
UBS reports higher-than-forecast Q3 loss of $785 million
ZURICH (Reuters) - UBS Group on Tuesday reported a loss of $785 million attributable to shareholders in the third quarter, higher than the expected loss of $444 million forecast by analysts in a compa...
Nov 06, 2023
Marketmind: Australia hikes but tempers its outlook
A look at the day ahead in European and global markets from Tom Westbrook: Bond markets have curbed a little of last week's enthusiasm about a prospective peak in global interest rates, but still chee...
Nov 06, 2023
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